According to the U.S. Bureau of Labor Statistics, prices in New York are 2,295.62% higher in 2026 versus 1940 (a $31,909,152.04 difference in value).
Between 1940 and 2026:New York experienced an average inflation rate of 3.76% per year. This rate of change indicates significant inflation. In other words, $1,390,000 in New York in the year 1940 would cost $33,299,152.04 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.73% during this same period, inflation in New York was higher.
In the year 1940: Pricing changed by 1.03%, which is below the average yearly change in New York during the 1940-2026 time period. Compared to inflation for all items in 1940 (0.72%), inflation in New York was higher.
Below are calculations of equivalent buying power in New York, over time, for $1,390,000 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1940 | $1,390,000.00 | 1.03% |
| 1941 | $1,442,006.80 | 3.74% |
| 1942 | $1,580,691.61 | 9.62% |
| 1943 | $1,698,888.89 | 7.48% |
| 1944 | $1,739,863.95 | 2.41% |
| 1945 | $1,780,051.02 | 2.31% |
| 1946 | $1,955,770.98 | 9.87% |
| 1947 | $2,190,589.57 | 12.01% |
| 1948 | $2,339,518.14 | 6.80% |
| 1949 | $2,313,514.74 | -1.11% |
| 1950 | $2,326,910.43 | 0.58% |
| 1951 | $2,500,266.44 | 7.45% |
| 1952 | $2,543,605.44 | 1.73% |
| 1953 | $2,557,001.13 | 0.53% |
| 1954 | $2,572,760.77 | 0.62% |
| 1955 | $2,560,941.04 | -0.46% |
| 1956 | $2,598,764.17 | 1.48% |
| 1957 | $2,681,502.27 | 3.18% |
| 1958 | $2,761,876.42 | 3.00% |
| 1959 | $2,803,639.46 | 1.51% |
| 1960 | $2,854,858.28 | 1.83% |
| 1961 | $2,880,073.70 | 0.88% |
| 1962 | $2,924,200.68 | 1.53% |
| 1963 | $2,988,027.21 | 2.18% |
| 1964 | $3,034,518.14 | 1.56% |
| 1965 | $3,083,373.02 | 1.61% |
| 1966 | $3,187,386.62 | 3.37% |
| 1967 | $3,270,124.72 | 2.60% |
| 1968 | $3,411,173.47 | 4.31% |
| 1969 | $3,622,352.61 | 6.19% |
| 1970 | $3,891,054.42 | 7.42% |
| 1971 | $4,116,417.23 | 5.79% |
| 1972 | $4,297,653.06 | 4.40% |
| 1973 | $4,571,082.77 | 6.36% |
| 1974 | $5,062,783.45 | 10.76% |
| 1975 | $5,447,318.59 | 7.60% |
| 1976 | $5,767,239.23 | 5.87% |
| 1977 | $6,067,460.32 | 5.21% |
| 1978 | $6,415,748.30 | 5.74% |
| 1979 | $6,971,275.51 | 8.66% |
| 1980 | $7,758,469.39 | 11.29% |
| 1981 | $8,522,023.81 | 9.84% |
| 1982 | $9,014,512.47 | 5.78% |
| 1983 | $9,440,022.68 | 4.72% |
| 1984 | $9,912,811.79 | 5.01% |
| 1985 | $10,279,223.36 | 3.70% |
| 1986 | $10,616,479.59 | 3.28% |
| 1987 | $11,153,095.24 | 5.05% |
| 1988 | $11,695,226.76 | 4.86% |
| 1989 | $12,345,311.79 | 5.56% |
| 1990 | $13,100,198.41 | 6.11% |
| 1991 | $13,691,972.79 | 4.52% |
| 1992 | $14,186,037.41 | 3.61% |
| 1993 | $14,609,971.66 | 2.99% |
| 1994 | $14,957,471.66 | 2.38% |
| 1995 | $15,333,339.00 | 2.51% |
| 1996 | $15,784,064.63 | 2.94% |
| 1997 | $16,152,052.15 | 2.33% |
| 1998 | $16,416,026.08 | 1.63% |
| 1999 | $16,735,158.73 | 1.94% |
| 2000 | $17,255,226.76 | 3.11% |
| 2001 | $17,694,920.63 | 2.55% |
| 2002 | $18,145,646.26 | 2.55% |
| 2003 | $18,702,749.43 | 3.07% |
| 2004 | $19,362,290.25 | 3.53% |
| 2005 | $20,113,236.96 | 3.88% |
| 2006 | $20,872,851.47 | 3.78% |
| 2007 | $21,458,960.26 | 2.81% |
| 2008 | $22,295,072.05 | 3.90% |
| 2009 | $22,393,617.06 | 0.44% |
| 2010 | $22,775,591.27 | 1.71% |
| 2011 | $23,423,635.43 | 2.85% |
| 2012 | $23,884,202.95 | 1.97% |
| 2013 | $24,285,577.27 | 1.68% |
| 2014 | $24,606,742.91 | 1.32% |
| 2015 | $24,637,813.04 | 0.13% |
| 2016 | $24,903,213.21 | 1.08% |
| 2017 | $25,390,706.07 | 1.96% |
| 2018 | $25,874,850.00 | 1.91% |
| 2019 | $26,302,598.07 | 1.65% |
| 2020 | $26,752,259.92 | 1.71% |
| 2021 | $27,639,495.98 | 3.32% |
| 2022 | $29,326,289.34 | 6.10% |
| 2023 | $30,447,422.05 | 3.82% |
| 2024 | $31,602,028.23 | 3.79% |
| 2025 | $32,691,129.48 | 3.45% |
| 2026 | $33,299,152.04 | 1.86%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New York:
| Year | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 9.900 | 9.917 | 10.200 | 11.508 | 14.050 | 17.158 | 20.117 | 18.408 | 17.283 | 17.458 | 17.492 | 17.767 | 18.267 | 18.050 | 17.875 | 17.808 | 17.575 | 16.367 | 14.950 | 13.933 | 14.192 | 14.375 | 14.550 | 14.867 | 14.617 | 14.550 | 14.700 | 15.250 | 16.717 | 17.967 | 18.400 | 18.825 | 20.683 | 23.167 | 24.742 | 24.467 | 24.608 | 26.442 | 26.900 | 27.042 | 27.208 | 27.083 | 27.483 | 28.358 | 29.208 | 29.650 | 30.192 | 30.458 | 30.925 | 31.600 | 32.092 | 32.608 | 33.708 | 34.583 | 36.075 | 38.308 | 41.150 | 43.533 | 45.450 | 48.342 | 53.542 | 57.608 | 60.992 | 64.167 | 67.850 | 73.725 | 82.050 | 90.125 | 95.333 | 99.833 | 104.833 | 108.708 | 112.275 | 117.950 | 123.683 | 130.558 | 138.542 | 144.800 | 150.025 | 154.508 | 158.183 | 162.158 | 166.925 | 170.817 | 173.608 | 176.983 | 182.483 | 187.133 | 191.900 | 197.792 | 204.767 | 212.708 | 220.742 | 226.940 | 235.782 | 236.825 | 240.864 | 247.718 | 252.588 | 256.833 | 260.230 | 260.558 | 263.365 | 268.520 | 273.641 | 278.164 | 282.920 | 292.303 | 310.141 | 321.998 | 334.209 | 345.726 | 352.156 |